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If youre contemplating a new and exciting home renovation project think a loft conversion, total remodel or creating an open plan space and want to take your ideas to the next level, you're going to appreciate all the advice and expertise you can get.
When it comes to any DIY project, from fitting your own kitchen to installing a new toilet, the lines are somewhat blurred when it comes to the parts of a project that you should confidently take on yourself, and when you should be contacting a professional for deeper insight whether you're an experienced homebuilder or not.
Hiring a structural engineer could make the difference between a house renovation that runs smoothly and successfully, and one that is stressful not to mention more costly.
From both a visual and a safety perspective, it's worth searching the Institution of Structural Engineer's database. This free service will put you in touch with structural engineering practices, with professionally qualified staff, so that you can get the advice you need.
(Image credit: stock.adobe.com)
Additional costs are one of the main turn offs with home improvement and building projects. Which is why the fact that it's free for homebuilders and renovators to search the database and find a local structural engineer, is an extra perk.
With no compromise on efficiency or ease of use, only structural engineering practices with professionally qualified IStructE members are able to become a part of the scheme. Meaning that you will only be put in touch with industry experts that are at the forefront of the profession and sure to give your project the mark of technical excellence that it deserves.
New practices are joining all the time so you should find the help you need.
(Image credit: Stock.adobe.com)
As with any sizeable home improvement project, you'll want to ensure that your building is structurally sound and that working conditions are safety assured to industry standards. Part of the service that a structural engineering practice provides is structural surveys. These identify any structural faults and issues (or lack thereof) with a building.
Your structural engineer will work with your architect and contractor to bring your project to life in a safe manner, identifying and managing the risks associated with your project.
Different surveys can be done, depending on the age of the building/property and on your requirements. Structural engineers will then work with your architect to draw up the best plans to achieve your expected outcome.
(Image credit: stock.adobe.com)
Introducing a structural engineer in the early stages of your project can make for an even more successful result. Going open-plan isn't just about joining two types of space together for example. Getting a professional's perspective and expertise from the start could widen your options and elevate your project to a whole new level.
It doesn't stop there. Basement and loft conversions are increasingly popular home improvement projects. Turning unused dead space into a liveable and beautiful area for the whole household to enjoy is one of the most exciting projects around. But these can be complex projects. It's this type of home reno that will benefit immensely from the input of a structural engineer that is able to carry out a full structural survey.
This involves a full inspection of a property to understand the structural behaviour of the building and whether any work could negatively impact the home or surrounding properties and to make recommendations to help you get the most out of your space. The survey will look for any movement or potential subsidence and other eventualities to ensure you peace of mind that work can be carried out successfully and whether the building is behaving as it should.
As with any reno, it's essential to consider all of the eventualities. Unfortunately, if you haven't planned for any spanners in the works a missed alcove or structural issue and if these become a problem mid-project, it can drive costs (and stress-levels) up.
A visual inspection can help produce technical designs and drawings for home remodels. This is fairly brief and designed to understand the general configuration of the main structural elements which in turn, will help finalise plans to help everyone working on your project deliver in an effective and efficient way.
The purpose of a measured survey on the other hand is to measure up the property, to help create accurate technical plans and to draw up any structural calculations needed, usually this can be done from detailed Architects' drawings. A visual inspection shouldn't be needed additionally to this but your structural engineer will let you know if they need to visit, and if they will need access to your property.
From more defined designs to better planning, searching the IStructe database and having a professional's input from the onset is a brilliant way to pull your home renovation project of dreams together successfully, and smoothly.
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Why it really pays off to bring a structural engineer on board - Real Homes
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BOOK OF THE WEEK
A conservatory is more thana crime scene locationin the classic board game, "Clue."
For one thing, the concept has thousands of years of history behind it. According to Merriam-Webster, the first known use of the word to describe a glasshouse for growing plantswas in the mid-17th century. That parallels with a Wikipedia entry, which states that they originated around this time when wealthy English landowners sought to cultivate citrus fruitsbrought by traders from warmer regions of theMediterranean.
In "The Conservatory: Gardens Under Glass," authors Alan Stein and Nancy Virts make thecase that these structures first appeared even earlier, in Ancient Romeduring the reign of Tiberius.
Stein and Virtsare the founders of Tanglewood Conservatories, a Maryland company that specializes in the design and construction of customconservatories and other glass structures.Filled with evocative archival and contemporary photographs and drawings of landmark structures, the book'sgraceful, accessible text celebrates those who advanced the technology and the architectural majesty of these light-filled structures.
Divided into six chapters, the book begins with Humble Origins, covering the ancient beginningsof the glasshouse, moves into Orangeries for Aristocrats, describing their development by the landed gentry (including that at Mount Vernon, the historic estate of George Washington).
Subsequent chapters are The Glass Palaces of Great Britain, such as the ill-fated Crystal Palace in London and Conservatories on the Continent, which explores structures in Europe, from the Czech Republic and Germany to Paris and Madrid.
The book ends with New World Conservatories, including Longwood Gardens (roughly an hour outside Philadelphia), followed by Modern Glasshouse Marvels, a look at unique 20th- and 21st-century structures, like the undulating Flower Dome Conservatory in Singapore.
At ArchDaily, an international architecture news site, it was noted that "'The Conservatory' makes a persuasive argument for the role of conservatories in our contemporary world." Published in October 2020, Stein and Virts' book has also been cited on a number of holiday gift lists and spring reading roundups.
Last December, The Detroit News included it in a giftlist of home and garden books with Michigan ties, thanks to its inclusion of the Anna Scripps Whitcomb Conservatory, which opened in 1904 in Belle Isle, Mich. In addition, "The Conservatory"showed up on a similar list of art and design books recommended for spring reading byBoston Magazine.
There, editors encouraged readers to "Trace the origins of these glassy masterpieces and swoon over the leafy wonders they house."
"The Conservatory" has earned an average rating of 4.7 out of five stars at Amazon, where the hardcover currently sells for $42.49; check it out athttps://amzn.to/2UMi2vH.
Lumber price swings force delayedhome renovations
When Allison Glass bought a 30-year-old home in Winfield, W.Va., last June, she knew shed have to update the kitchen. She thought the project would cost less than $10,000. But surging lumber prices during the pandemic forced her to raise her estimate to $15,000.
The price of lumber, which shot up to $1,600 per thousand board feet in May from $400 early last year, is making renovations more expensive especially projects that involvekitchencabinets, hardwood floorsand additions that requireframing. Labor shortages and supply-chain snags exacerbated by the pandemic are driving up those prices and giving Americans who are planning home remodels pause.
Even as prices for lumber futures ease following their peak in May, customers worry about committing to new projects, says Chuck Fowke, a builder of custom-designed homes in Tampaand chairman of the National Association of Home Builders.
From USA Today, June 23; read the full story at https://bit.ly/2Tfuh3x.
Days on Market Until Sale* for May 2021 as reported by the Northeast Florida Association of Realtors.
May 2019:66
May 2020: 63(-4.5%)
May 2021: 35(-44.4%)
*The category tracks and compares the average number of days between when a property is listed and when an offer is accepted in a given month. A complete market report is available at NEFAR.com.
Compiled by Homes editor Anne Hammock. Know of a tool, book or news tip youd like to share withShopTalkreaders? Send details to ahammock@jacksonville.com or call (904) 359-4628.
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SHOP TALK: Great books, stats and other helpful news for homeowners - The Florida Times-Union
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Redeveloped in 2018, as was the single-family home at 335 Diamond Street next door, the two-unit building at 333 Diamond returned to the market in 2019, listed as a 5,190-square-foot single-family home, with a legal unit/guest quarters, equipped with its own kitchen [and] private entry for friends and family on the homes ground floor, and priced at $6.95 million or roughly $1,698 per square foot.
Featuring an open floor plan, contemporary finishes and multiple outdoor spaces, including a rather spectacular new roof deck with thrilling views of the Downtown skyline, Bay, Twin Peaks, and Corona Heights Park, the list price for the Eureka Valley home was reduced to $6.689 million in the first quarter of last year.
And having been relisted anew for $6.5 million this past March, with an official 1 day on the market, the list price for 333 Diamond has since been further reduced to $5.995 million or $1,155 per square foot, a sale at which would be considered to be at asking according to all industry stats and aggregate reports.
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In the Heights of Eureka Valley - SocketSite
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In the first half of 2019, Long John Silvers charted a course for recovery, beginning with stabilization.
At the time, the business faced three main obstacles. The chain had a master lease situation hanging over its head, which presented a lot of dead rent assets. Long John Silvers was also shedding about 60 restaurants per year and was burdened with the task of buying back troubled franchises.
The strategy was to simplify the business. Long John Silvers went from 75 workers at its Restaurant Support Center to roughly 45 and renegotiated its master lease. As the process unfolded, the brand started thinking less as a national brand and more about how it can take its marketing spend and make it more local for franchisees.
The restaurant began to see wins throughout the middle of 2019, it said. Long John Silvers stared down a tough reality in the final part of the year, however, as the brand tightened its advertising budget to prepare for 2020. As a result, transactions declined.
So we had our level set starting into 2020, says Blain Shortreed, who was recently hired as CEO. And we thought that most of the assets that were part of the LoJohn [leases] that were going to be removed from our base were gone. We felt that most of the bleeding from our ad budget was done, and we were ready to reset ourselves. We got into 2020, and I think our story was starting to pan out.
Long John Silvers went from 1,000 stores in 2015 to around 740 in 2019, including 540 franchises and 200 company-run stores. In January, the chain saw positive same-store sales stacked on top of growth from the previous year. Then COVID arrived a couple of months later, and the 52-year-old brand was forced to adapt.
Two decisions from 2019 worked in its favor. First, the chain started third-party delivery. Additionally, Long John Silvers local approach to marketing prevented it from overspending. So when COVID hit, the company essentially stockpiled money.
We didn't have to spend on advertising, Shortreed says. We didn't have too many forward buys. We could actually put our advertising on hold.
Transactions declined 30 to 40 percent during peak Lenten season, which usually brings the highest sales volumes of the year. In addition, Long John Silvers switched from a 50 percent dine-in business to 95 percent drive-thru and 5 percent delivery. Business shifted overnight, but Shortreed says managers had the innate ability to adjust within days. Operators found ways to cut back on cash flows, saving Long John Silvers in the neighborhood of $200,000. They also learned ways to move from 15-day inventory to about eight days, which saved another $500,000 of working capital.
Because no capital was being spent and no one could visit restaurants, Long John Silvers considered furloughing seven to 10 employees. Instead, the brand told those workers to refocus on being productive during COVID. For example, John Haley, the brand director for development, had no funds to build out restaurants. So he switched to building shields to protect customers and employees inside stores.
Another 60 or so units shuttered in 2020, meaning roughly 300 stores have closed in the past five years. Long John Silvers currently has670 stores346 standalone, 139 co-branded with A&W, and 185 co-branded with KFC and Taco Bell.It also breaks down to 200 corporate stores and 470 franchises.
I know in this business when you have restaurants that have a problem, throwing complexity at them, being that they have to go through a drive-thru and they weren't good at drive-thru, it's not going to fix their business enough so that they can recover like the rest of the restaurants, Shortreed says. So good operators survived through that, and I think some of the ones that were already not some of our better operators, we had to take some action just to make sure that we were making headway on our overall vision to simplify our business and make sure that we're delivering on the customer experience.
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Long John Silver's Steadies the Ship Amid Choppy Waters - QSR magazine
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Every homeowner has something in their home that they wish they could change. Maybe it is a wall in the kitchen that blocks their view of the living space, making it difficult to entertain. The bathroom with a bathtub they never use because it is small and awkwardly laid out. For most people these minor annoyances are something to just live with, at least until they save up enough money to invest in a remodel.
Where to Start?
The top two most popular rooms in a home to remodel are kitchens, which accounted for 79% of all remodels in 2015, and bathrooms, which were remodeled 88% of the time. Kitchen and bath remodels impact functionality and look of those spaces and the resale value of a home positively. Once the decision to move forward on a remodel has been made, homeowners will want to look at contractors,https://www.granitetransformations.com/location/granite-transformations-of-sacramento/, who specialize in kitchen and bath remodels. Businesses that specialize in kitchen and bath remodel can help homeowners with each phase of the process from design to construction.
Choosing Countertops
When it comes time to remodel, one of the most troublesome parts of the process is often choosing the materials. In a kitchen or bathroom remodel one of the most important choices to make will be the countertops. When countertops for kitchen and bath remodels, it is hard to beat the functionality and beauty of quartz and granite. Both are high end materials and it's difficult to distinguish one from the other. Granite is a natural stone, cut from quarries and then cut and polished. Because it is all natural, there will be variations in color and pattern from one piece to another, even if cut from the same quarry. Quartz is an engineered stone. It comprises mostly natural quartz with a small percentage of other minerals mixed in before it is formed into slabs. When considering Granite Transformations, people should keep in mind that granite comes with more maintenance than quartz. Granite is porous and requires sealing during install and will need to be resealed periodically. Quartz does not need to be sealed, and because it is less porous, it has a slight advantage over granite when it comes to upkeep.
When choosing countertops in a kitchen or bath, people may wonder if there are health benefits to choosing one surface over the other. Cleaning quartz has a slight advantage over granite. Homeowners with a tighter budget do not need to resign themselves to laminate or tile. There are several, man made options that offer the beauty of granite and quartz without the sticker shock. Engineered stone options,https://www.granitetransformations.com/about-us/, that are made using recycled pieces of natural stone, quartz, and glass to produce environmentally friendly stone slabs. There are stone products on the market that infuse the stone with antimicrobial technology, which help to limit the growth of bacteria on the stone surface for the life of the product.
Remodeling a home can be a daunting task. Choosing to remodel a kitchen or bath will provide solid returns on the investment. The choice of countertop will affect more than just the renovation budget. Choosing to go with stone counters, whether engineered or natural, will provide a high impact visual along with functionality that lasts a lifetime, or until your next remodel.
Granite Transformations is a franchise company with locations in the Sacramento, Ca. area. They specialize in kitchen and bath remodels. Visit their website for more information.
Media ContactCompany Name: Granite TransformationsContact Person: Media RelationsEmail: Send EmailPhone: 707-200-4813Address:3485 Airway Dr., Suite A City: Santa RosaState: CaliforniaCountry: United StatesWebsite: https://www.granitetransformations.com/
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Kitchen and Bath Remodeling Is Available in Sacramento, CA - Press Release - Digital Journal
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Williamson County continues to move forward with its COVID-19 vaccine plan, setting vaccine locations and operating help services, officials said Feb. 8. (Courtesy Baylor College of Medicine)
Read the latest business and community news from Central Texas.
Williamson County
Williamson County sets COVID-19 vaccine locations for next two weeks, continues to roll out plan
Williamson County continues to move forward with its COVID-19 vaccine plan, setting vaccine locations and operating help services, officials said Feb. 8.
Round Rock
Texas State University now offering free COVID-19 testing in Round Rock
The Texas Division of Emergency Management and Texas State University Round Rock are now hosting free COVID-19 testing in the city through the end of April, according to a Feb. 4 city news release.
Georgetown
Specialty Remodelers opens in Georgetown plus more business news
Specialty Remodelers opened in Georgetown in December. The business offers room additions, kitchen and bath remodels, cabinets, flooring and specialty wall finishes.
Leander-Cedar Park
5 restaurants now open or coming soon in Cedar Park, Leander
These five Cedar Park-Leander restaurants have recently opened or are planning to open soon.
Southwest Austin
New mini golf and entertainment center opens in Dripping Springs
Dreamland, a new mini golf, pickleball, arts and entertainment center located at 2770 W. Hwy. 290, Dripping Springs, opened Feb. 5.
Dripping Springs Wild Game Dinner returning virtually; local cafe launching new menu and more South...
The annual Dripping Springs Wild Game Dinner, a local event that raises money for Dripping Springs and Hays County-based charities, will take place virtually this year Feb. 20. Individuals interested in participating in the 31st annual event can place an online order of food as well as raffle tickets through the fundraiser's website or make individual donations.
New Braunfels
Infernos Wood Fired Oven & Spirits in New Braunfels bites back with its signature scorpion pepper
The bite. That is what Cary Hamer, owner of Infernos Wood Fired Oven & Spirits, said most aptly defines the proprietary flavor at his restaurant. In this case, the bite is brought to patrons by the signature Trinidad scorpion pepper, which is several times hotter than a habaero pepper and positioned at the forefront of the restaurants marketing.
Starbucks coming to New Braunfels this fall will include a drive-thru
A new Starbucks location is slated to open in New Braunfels in the fall, according to a Starbucks spokesperson, and it will be the citys first drive-thru location of the franchise.
Expansion of H-E-B on Walnut Ave. in New Braunfels underway, set for late 2021 completion
The roughly 76,000-square-foot grocery store will be enlarged to 110,000 square feet, according to H-E-B representative Julie Bedingfield.
Central Austin
The Long Play Lounge to pick up where Stay Gold left off and more business updates from East Austin
North Austin craft beer and cocktail spot The Long Play Lounge plans to open a second location on the premises of recently closed East Austin dive bar Stay Gold. According to a representative for The Long Play Lounge, the new 1910 E. Cesar Chavez St. location is tentatively set to open Feb. 15 and will remain under the same management as Stay Gold.
Brian Rash, Ali Linan, Kelsey Thompson, Nicholas Cicale, Lauren Canterberry, Olivia Aldridge and Taylor Girtman contributed to this report.
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Williamson County sets vaccine locations; 5 eateries open, coming soon in Leander, Cedar Park and more area news - Community Impact Newspaper
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Below is a list of the top and leading Architects in Austin. To help you find the best Architects located near you in Austin, we put together our own list based on this rating points list.
The top rated Architects in Austin are:
Jay Corder Architect takes the view in motivated design to build spaces that look great, suit your needs, adjust to your lifestyle, stand the ravages of time, and make you happy to come home. Either its a personalized design home or a mid-sized commercial venture, Jay Corder Architect brings a modernist technique, aesthetic sensibility, and personal commitment to every project. Jay and his team captivate clients searching modern home design for new construction, remodels, and additions.
They believe a modernistic approach means of this century and decade and it acknowledging that they live in their homes differently than they did 15 years ago. There is a beautiful and useful manipulation between the interior and exterior space, with a clear connection to the outdoors, flow and natural light are important to their personal enjoyment and well-being. The teams objective is to get to know you well enough to understand and interpret your very particular needs, then design a beautiful home that meets every single one of them.
Products/Services:
Kitchen, Bathroom, Outdoor Living & Pool, Living Spaces
LOCATION:
Address: 2700 W Anderson Ln UNIT 309, Austin, TX 78757Phone:(512) 243-8507Website: http://www.jaycorder.com
REVIEWS:
Weve had two excellent opportunities to work with Jay Corder and his team one for building our home from the ground up, and another doing an addition. His team is incredibly creative, with out-of-the-box ideas. They are professional, reliable, and fun to work with. Jay has high standards for contractors and their work, and hell make sure that the final product is exactly as you like it. Debbie C.
Barley-Pfeiffer Architectures main strength is designing high-performance homes and buildings that are attractive and timeless. Acknowledged for their attractive design, integrity, and ability to stand up to the elements, they are less expensive to own, operate, and maintain, are healthier to occupy, and are more comfortable to live and to work in. They know that each site, building, and client is unique.
By incorporating environmentally sound design strategies, their firm offers comfortable and healthy, yet reasonably priced living and working accommodations. Their homes and buildings are recognized for their intelligence, energy efficiency, and innovative utilization of space. Their method will appeal particularly to those who intend to own their home or building for many years, to be passed on to the next generation, and possibly the one after that.
Products/Services:
Residential, Renovation, Commercial
LOCATION:
Address: 1800 W 6th St, Austin, TX 78703Phone:(512) 476-8580Website: http://www.barleypfeiffer.com
REVIEWS:
Engaging Barley|Pfeiffer to design our retirement home was one of the smartest things weve ever done. The build of our house is far superior to typical construction in our area. More important, though, this house fits us like a glove. Their comprehensive design process incorporated not just our taste, but how we live, from the room flow to the allocation of HVAC components, etc. Living and building four hours from their Austin office was a bit of a challenge, but we coordinated well and they were on site at all critical junctures. The level of detail in the plans and specifications far exceeded what one typically gets, even in a full custom build. This was critical to ensuring the energy efficiency of our home. Weve been in the home for two years and continue to be impressed with how little we spend to heat and cool it. We highly recommend the team at Barley|Pfeiffer Architecture. Wolfe D.
Matt Fajkus Architecture is an elite and licensed architecture and interior design business that compliment residential and commercial projects, both small and large. Their design piece is derived from the belief that each project is extraordinary, as it should be driven by the client, the site, and functional requirements, rather than a singular, preconceived aesthetic. The firm goal for clear and simple solutions to complex problems by blending expertise as well as experimentation.
As a young and energetic collaborative, the firm is simultaneously an academic think tank, directly connected to theoretical and technological research at the University of Texas at Austin School of Architecture, while also practicing with a deep concentration on realizing outstanding buildings. MF Architecture encourages a transparent design process including a direct collaboration with client and builder. Furthermore, the firm promotes honesty and usefulness in the design itself, with a belief in balancing restraint and expression in broad design moves as well as material choices and composition.
Products/Services:
Architecture & Interior Design, Residential & Commercial Projects
LOCATION:
Address: 900 E 6th St #100, Austin, TX 78702Phone:(512) 432-5137Website: http://www.mfarchitecture.com
REVIEWS:
Fantastic modern designs. Great utilization of space. Matt and his team are an absolute delight to work with. Ron B.
Furman + Keil Architects is a communal design business committed to making enhance surroundings that improve the lives of people and their society. Their work is founded on the premise that communication and teamwork are fundamental to unlocking the hidden potential of every project. They value the ideas and opinions of their clients, colleagues, consultants, and co-workers, and stress the importance of making sure everyones viewpoint is heard and respected.
They guide clients through a process of discovery, allowing the design to unfold as a reflection of a projects unique vision, desires, and place in the landscape. Their work seeks a fresh balance between local precedents and innovative design. They toil to create everlasting, sustainable buildings with materials and forms that are grounded in a strong sense of place and built to be enjoyed by their clients for generations.
Products/Services:
Residential & Commercial Projects
LOCATION:
Address: 1211 E 11th St STE 200, Austin, TX 78702Phone:(512) 479-4100Website: http://www.fkarchitects.net
REVIEWS:
We loved working with the team at F+K on our ranch project. Their attention to detail and quality in every aspect of the process made such a difference in our experience and the final product! Alane S.
McKinney York Architects dispenses an opinion in the transformational power of people united in a common purpose. Their goal is to create places that draw people together, serve, and inspire. This belief manifests itself in collaboration. That means ongoing communication in the studio and with their design team, a lack of ego from the top down, and a collection of highly capable, enthusiastic design professionals. Their staff are all exceptional designers and, rare within the profession, the majority are registered architects.
Collaboration extends beyond the studio to embrace their clients. With each council, they vigorously undertake their clients and listen attentively to uncover the unique qualities of their project and site. The aim of this effort is to reveal not only the clients top-of-mind goals but also latent functional and aspirational goals, as these often determine the real success of a project.
Products/Services:
Commercial, Residential, Academic, Civic, Religious, Museum & Exhibit, Interiors
LOCATION:
Address: 1301 E 7th St, Austin, TX 78702Phone:(512) 476-0201Website: http://www.mckinneyyork.com
REVIEWS:
One of the top firms in the state. Professional, high design, on time and on budget would use them on any project. Thanks MYA! William B.
Shera Elliott graduated from the New Mexico State University with a major in biology and a minor in Biological Basis of Behavior & Health Care Management. Shera grew up in Los Angeles, but moved to Las Cruces for college. Shera has written for several major publications including the Albuquerque Journal and NPR. Shera is a community reporter and also covers stories important important to all Americans.
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5 Best Architects in Austin - Kev's Best
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Image source: Getty Images.
While it doesn't influence our opinions of products, we do receive compensation from partners whose offers appear here. We're on your side, always. See our full advertiser disclosure here.
If you're selling a home, you might worry whether you've over-improved your property. In other words, have you upgraded too much to recoup the cost?
If listing your home is in the foreseeable future, it's essential to know which improvements are most likely to pay off when you sell. Here are five home improvement projects known for holding their value.
Let's face it; the first thing we notice when we drive up to a house is its exterior. If the house looks like it was last painted during the Korean War, the lawn is overgrown, and the mailbox appears to have been run over by a moose, it's nearly impossible to see it as a potentially beautiful home.
According to HGTV, exterior improvements recover 90% to 100% of what you pay for them. That makes fresh paint, vinyl siding, an updated front entry, new deck, patio, porch addition, and landscaping safe home upgrades.
If you don't plan to sell for a few years, consider a charming addition like a fountain, lily pond, or stone-paved walkway. That way, you'll have time to enjoy it before putting the house on the market.
Seller tip: Safe and attractive stairs and railings make buyers feel secure and show you're a homeowner who focuses on upkeep.
Living space retains a fair share of value. For example, a family room addition offers an average return at resale of 83%. A basement remodel will recapture a little over 90%, and an attic bedroom conversion provides an average return of nearly 94%.
Seller tip: If you plan to convert an attic, consider adding a bath. Buyers will feel as though they're walking into a suite.
You know all those shows you've seen on television where they've totally gutted and rebuilt a kitchen and bath? If you want a healthy return on investment, you need to forget about those shows. The best return -- and we're talking 98.5% to 102% -- is on minor kitchen and bath remodels. A minor remodel is primarily cosmetic and doesn't rearrange your floor plan. In other words, you're not tearing out a tub so you can install a shower across the room or removing a wall in your kitchen and relocating cabinets. It's about reimagining how each space can look through cosmetic enhancements. For example:
Seller tip: Avoid upgrades that make your home the most expensive in the area. Most homebuyers would rather buy the least expensive home in a fantastic neighborhood than the most expensive property in a so-so neighborhood.
There's nothing particularly exciting about having replacement windows installed, but boy, can they pay for themselves. In some cities, the average homeowner recoups more than they spent on the windows. In others, you'll get close. Here's why: Living in a home with energy-efficient windows can cut down on your utility costs year-round. Even if you recover the average return at resale of 89.6%, you've practically paid for the windows.
Seller tip: Think of windows as an investment. They'll help you keep money in your bank account whether you sell or not.
If you have space and can add a new bathroom, you'll likely recapture around 86.4% of the cost when you sell. If you live in the home long enough to enjoy the extra bath yourself, that's a win/win.
Seller tip: The value is in having another bathroom. Only pay for upgrades like a rainforest shower, heated floors, or a towel-warming rack if you're buying them for your pleasure. Unless you live in a luxury home, you're unlikely to recoup the cost of luxury upgrades.
Ideally, the upgrades you make to your home will both give you enjoyment and make your home stand out from the crowd when it's time to sell. If you're not sure how to finance your home improvements, you have several options. Consider a cash-out refinance, where you refinance your existing mortgage, borrow more than your remaining balance, and get the difference in cash. A cash-out refinance is a good option if you have solid equity in your home plus a strong credit score. Borrowing against your home via a home equity loan or HELOC could also work, and that way, you don't need to apply for a brand-new mortgage.
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5 Home Improvement Projects With the Highest Return on Investment - Motley Fool
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This year, we found, in our annual survey, the average home services spending for households who took on projects rose to$13,138, an increase over last years survey results, where homeowners who did projects spent$9,081on average, saidMischa Fisher, chief economist at HomeAdvisor.
This years topline growth in spending and projects is a story of increasing costs of supplies, increasing cost of labor and homeowners shifting spending from things like entertainment and travel to their homes, continued Fisher. While the cost to do projects compared to last year did increase, we also found that homeowners were spending more as well. The acceleration of home buying this year and underlying drivers of consumer spending like shifting demographics, baby boomers renovating to age-in-place, millennials changing needs to raise their growing families, a greater cultural focus on home design and home entertainment, an aging housing stock and a shortage of new home construction among many other fundamental factorswere already resulting in more spending on home improvement, home maintenance, and home emergency repair and also continued this year.
Homes have always been important, but the once in a century global pandemic has fundamentally shifted the relationship we have with our homes. Those factors, combined with a shifting range of needs for households as a result of coping with COVID-19, such as 27% more outdoor living needs, 40% more home entertaining, 50% more working from home, and 68% more home cooking, resulted in a shift in spending patterns, with 33% shifting commuting budget, 48% shifting vacation budget, and 52% shifting restaurant budgets into home services.
Additional insights include:
This report also found many generational trends, fueled by the onset of the COVID pandemic, including a focus on home services by millennials.
Millennials are spending the most on home improvement projects this year, said Fisher. On average, millennial households spend or plan on spending nearly$10,000on home improvement projects this year. Homeownership rates for millennials have jumped significantly, especially as COVID-19 has reemphasized the importance of the home and many companies move to flexible work location options. Millennials are not only rapidly becoming homeowners, but they are also spending more on home improvement than any other generation when they do.
The report is informed byHomeAdvisors True Cost Guide, an online guide for homeowners to access real costs as reported by consumers for home projects, as well as results from an annual survey conducted among homeowners.
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Report: Home improvement spending continues to increase - LBM Journal
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Kitchen remodels | Comments Off on Report: Home improvement spending continues to increase – LBM Journal
As people continue to spend more and more time in their homes, many are looking for ways to upgrade through remodeling. And it doesn't take a big budget to do so.
MINNEAPOLIS When Dave Fransen bought his first house in south Minneapolis 13 years ago it was a true fixer upper, and hes since built a new kitchen, garage and a backyard fence.
"It definitely needed some work," said Fransen. "And Ive just been ticking off projects here and there."
But this year is his busiest yet, because, as the pandemic gets longer, so does his list of projects.
"When you're at home a lot more, its easy to get more annoyed by the things that have always sort of annoyed you about your house," said Fransen. "They get a little more amplified."
Thats one reason homeowners nationwide are remodeling in record numbers. Home design website Houzzsays leads for professional projects have spiked nearly 60% this year, with Americans spending more time than ever at home.
"The boom in construction can be heard all around the country, and probably the world," said Tamara Day, host of the HGTV remodeling show Bargain Mansions.
Day remodels homes around Kansas City, helps homeowners with design both in-person and virtually and is now redoing her own house, finding that like many families it felt far too small when she, her husband and kids were suddenly all staying home.
"My designers have never done so many home offices as they have in the past six months," said Day.
Day says offices are one of the best investments you can make, stressing that any small area - even a closet - will work, and that wallpaper and tile are inexpensive ways to give it character for video calls.
"Making that backdrop something that fits what you want people to think about you and your business is a huge part of this," said Day.
Day says gyms are also a smart addition, saying all it takes is a big mirror, a padded floor and some basic equipment.
"It is a need, not a want anymore," said Day.
And she says kitchens and baths are always money well spent, but says you need firm bids, a well-researched plan and advice from an expert.
"A consultation fee is nominal compared to making large mistakes, and often times thats all you need," said Day.
Day says you also dont need a big budget or a lot of skill, saying paint, cabinet hardware and light fixtures are easy, affordable upgrades.
"There are lots of projects that you can take on that will change the way your entire space feels without having to spend a ton of money," said Day.
Dave Fransen agrees. Thanks to the pandemic, hes already had time to do his own demolition for a new bathroom, bedroom and office, and with the money hes saved this year he may redo his basement next.
"Covid hit, and work from home hit, and it became a really good opportunity," said Fransen. "It's kind of the right time to take that on."
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Homeowners nationwide are remodeling in record numbers amid pandemic - KARE11.com
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Kitchen remodels | Comments Off on Homeowners nationwide are remodeling in record numbers amid pandemic – KARE11.com
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